NOT LISTED FOR SALE

1739 W 5th St Wilmington, DE 19805

Little Italy Neighborhood

Estimated Value: $236,847 - $249,000

-- Bed
2 Baths
1,400 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $180,000 $129 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,373/month

40 Days on Market

Highlights

  • Luxury Vinyl Plank Tile Flooring
  • 90% Forced Air Heating System
  • 4-minute walk to William Judy Johnson Memorial Park
  • Dupont (H.B.) Middle School Rated A

About This Home

As of May 2023

Welcome to 1739 W 5th St! Here is a rare opportunity to own a recently renovated multi-family duplex with amazing income potential. Location is everything, and this investment property is within walking distance to all of the famous restaurants and nightlife that Little Italy has to offer, close to Downtown Wilmington, the Business District, the Wilmington Riverfront, Trolley Square, and all of the revitalization and excitement happening in the popular City of Wilmington limits. This property offers a great investment opportunity or the chance to owner occupy one unit while renting out the other. The first floor unit features 2 bedrooms and 1 bathroom, providing plenty of space for a family or roommates. The second floor unit is a 1 bedroom 1 bathroom, perfect for a single person or couple. This home is being sold in as-is condition. No repairs will be made by the seller. Buyer is responsible for paying the 3% Short Sale negotiation fee at the time of closing. Offer is subject to bank approval.

Last Agent to Sell the Property

Corey Harris

Crown Homes Real Estate License #RS-368137 Listed on: 12/21/2022

Last Buyer's Agent

Katina Geralis

EXP Realty, LLC License #R3-0020328

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $395

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20.50 x 84.00

Parking

  • On-Street Parking

Home Design

  • 1,400 Sq Ft Home
  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Flooring

  • Laminate
  • Luxury Vinyl Plank Tile

Outdoor Features

  • Exterior Lighting

Utilities

  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Wilm #05 Subdivision

Listing and Financial Details

  • Tax Lot 316
  • Assessor Parcel Number 26-026.20-316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$395

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: 12
  • Stories: 0

Interior Features

  • Flooring Type: Laminated, Luxury Vinyl Plank
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 139.29
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1739

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.50 x 84.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 358.00
  • Tax Annual Amount: 395.05
  • Assessor Parcel Number: 26-026.20-316
  • Tax Lot: 316
  • Tax Total Finished Sq Ft: 1400
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/02/2023

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
May 2, 2023
Sold by
Sims Itea K
Bought by
Kargbo Mary H
Seller's Agent
Corey Harris
Crown Homes Real Estate
Buyer's Agent
Katina Geralis
EXP Realty, LLC
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Views
377
Current Estimated Value
$244,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,949
Avg. Annual Appreciation
6.54%
Original Mortgage
$135,000
Outstanding Balance
$131,975
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$76,644

Purchase Details

Listed on
Mar 22, 2019
Closed on
Aug 8, 2019
Sold by
Johnston Christian D
Bought by
Sims Itea K
Seller's Agent
Andrew White
Compass
Buyer's Agent
Sean Brooks
EXP Realty, LLC
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$134,518
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 1997
Bought by
Johnston Christian D
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kargbo Mary H -- None Listed On Document
Sims Itea K $135,000 None Available
Johnston Christian D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kargbo Mary H $135,000
Previous Owner Sims Itea K $13,320
Previous Owner Sims Itea K $134,518
Previous Owner Sims Itea K $6,725
Previous Owner Johnston Christian D $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $180,000 -7.7% $129 / Sq Ft
03/03/2023 03/03/23 Price Changed $195,000 0.0% $139 / Sq Ft
03/03/2023 03/03/23 For Sale $195,000 +8.3% $139 / Sq Ft
03/01/2023 03/01/23 Off Market $180,000 -- --
01/30/2023 01/30/23 Pending -- -- --
01/13/2023 01/13/23 Price Changed $209,000 -4.6% $149 / Sq Ft
12/21/2022 12/21/22 For Sale $219,000 +62.2% $156 / Sq Ft
08/08/2019 08/08/19 Sold $135,000 0.0% $96 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $135,000 -- $96 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $452 $14,500 $3,400 $11,100
2023 $393 $14,500 $3,400 $11,100
2022 $395 $14,500 $3,400 $11,100
2021 $394 $14,500 $3,400 $11,100
2020 $357 $14,500 $3,400 $11,100
2019 $289 $14,500 $3,400 $11,100
2018 $245 $14,500 $3,400 $11,100
2017 $642 $14,500 $3,400 $11,100
2016 $642 $14,500 $3,400 $11,100
2015 $614 $14,500 $3,400 $11,100
2014 $583 $14,500 $3,400 $11,100
Source: Public Records

Agents Affiliated with this Home

  • Corey Harris

    Seller's Agent in 2023

    Corey Harris

    Crown Homes Real Estate

    (302) 729-2881

    4 in this area

    481 Total Sales

    Corey Harris
    Section Image
  • Katina Geralis

    Buyer's Agent in 2023

    Katina Geralis

    EXP Realty, LLC

    (302) 383-5412

    3 in this area

    557 Total Sales

    Katina Geralis
    Section Image

  • A

    Buyer Co-Listing Agent in 2023

    Adam Bailey

    EXP Realty, LLC

    (302) 377-9680

    1 in this area

    33 Total Sales

    Adam Bailey
    Section Image
  • Andrew White

    Seller's Agent in 2019

    Andrew White

    Compass

    (302) 893-7602

    6 in this area

    249 Total Sales

    Andrew White
    Section Image
  • Bert Root

    Seller Co-Listing Agent in 2019

    Bert Root

    Compass

    (302) 275-2330

    1 in this area

    11 Total Sales

    Bert Root
    Section Image
  • Sean Brooks

    Buyer's Agent in 2019

    Sean Brooks

    EXP Realty, LLC

    (302) 285-9604

    34 Total Sales

    Sean Brooks
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DENC2035974

Bright MLS

APN: 26-026.20-316

Delaware New Castle County Wilmington 19805 Little Italy

1739 W 5th St, Wilmington, DE

This home is located at 1739 W 5th St, Wilmington, DE 19805 since 21 December 2022 and is currently estimated at $244,949, approximately $174 per square foot. This property was built in 1900. 1739 W 5th St is a home located in New Castle County with nearby schools including Warner Elementary School, Dupont (H.B.) Middle School, and Alexis I. du Pont High School.

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